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The 8 Best Prop Trading Firms in 2022

Started by Affiliate, Aug 10, 2022, 09:08 am

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The Best Prop Trading Firms Reviewed.
Some or all of the products/services listed on this page are from our affiliate partners from which we receive commissions. This, however, does not influence the evaluations in our reviews. Learn more by reading our Advertiser Disclosure.
When compared to other types of trading, one of the main benefits of proprietary or prop trading is higher profits. That's why there is no shortage of companies willing to execute these trades. But not all trading firms are created equal.
Each firm has its own strengths and weaknesses, and identifying the market's most reliable players requires a bit of legwork. Here's the list of our top picks:
Quick processing times Several pricing tiers Diverse selection of trading securities.
To become a trader, you need to pass the SurgeTrader Audition and funded traders need to meet a few simple requirements. For starters, there is a 10% profit target, and you'll need to stay below the daily loss limit of 4% and the maximum trailing drawdown of 5%.
The starter account comes with a $250 audition fee and a $25,000 initial balance. Unlike other companies, this prop trading firm doesn't impose minimum trading days or a 30-day assessment period. It allows traders to keep 75% of their profit share.
As a SurgeTrader broker, you can trade various securities, including forex, stocks, equities, oil, and metals. Moreover, SurgeTrader is a good place for trading cryptocurrency products. SurgeTrarder operates on two platforms - Eightcap M4 and Eightcap M5. It also allows news trading.
SurgeTrader has an easy-to-use trading dashboard with useful analytical tools and features. As a SurgeTrader, you can access trade analytics in real-time and improve your trading performance. Before you decide to start the SurgeTrader Audition, you can test out the platform for free.
Thanks to the availability of the free trial, you can check your trading skills and whether you are good enough to join this proprietary trading company.
Launched in 2021 and based in Florida, SurgeTrade is one of the newest proprietary trading firms on the market. It offers a variety of trading instruments, including stock market indices, forex, metals, oil, and cryptocurrencies. The trading capital ranges between $25,000 and $1 million, depending on the trading account you choose. The account fee is non-refundable. A.
Traders get up to 90% of profits Live chat, email, and ticketing support $10,000 initial balance.
Fidelcrest made it onto our list of proprietary trading firms because of its dedication to finding and educating talented traders. Fidelcrest is not a broker, nor does it offer retail broker accounts.
It's a prop firm on a hunt for traders who will trade forex, commodities, cryptos, and other assets.
To become a Fidelcrest trader, you have to complete the two-phase evaluation program. There are two trading programs to choose from - Micro Trader and Pro Trader. With Fidelcrest's Micro program, you can trade an account balance that ranges from $10,000 to $50,000.
The trading period is 10 days, and the trader gets 80% of the profit share. The maximum loss allowed is 10%. If you want to increase your profits to 90%, you can choose one of the Micro Aggressive Swing accounts, which reduce the trading period to 5 days.
Meanwhile, the company's prop trading program for pros allows you to trade accounts between $150,000 and $100,000,000 with a maximum allowed loss of 10% (20% with the aggressive account type). The profit share is 80% (90% with aggressive).
Regardless of the program you choose, you'll need to pass the evaluation and pay the participation fee. Fidelcrest will refund the fee to your bonus wallet.
You need to use the promo code "REFUND" when applying for the evaluation process. Refundable fees are available only for traders who don't use any discount.
Founded in 2018 in Cyprus, Fidelcrest is another great place if you want to become a proprietary trader . This company was created and led by a team of experts for forex trading. Fidelcrest currently has over 6,000 trades worldwide. The firm was crowned as the Best Micro Forex in Europe at the Forex Expo 2021.


15% profit share from the start High profit split An account manager for every trader.
Traders can expect to get up to $200,000 in funds from FundedNext if they opt for the biggest Evaluation package. The company works with Forex, indices, and commodities, and you can earn a 15% profit immediately, even during the assessment phase, regardless of the model you choose.
Like most of the Forex prop trading firms we've reviewed, FundedNext has a model that includes evaluation. The Evaluation model lets traders prove their trading abilities in two phases; in the first, they can count on a profit share of 80%. Once they reach their targets and advance to the next phase, the split rises to 90%.
On the other hand, the Express model sets a profit target with no time limit; once you hit it, you can start with a 60% split that can rise to 90%. Traders can try different trading styles such as intraday and swing trading, scalping, and much more. So long as your growth stays above 25% and your overall losses don't surpass 10% of your trading, you'll be on the growth path with FundedNext.
Still, what makes FundedNext one of the best indices, commodities, and forex trading prop firms is the Dedicated Account Manager for every trader. And if your performance is consistently good, you'll be rewarded with a scaleup plan of a 40% increase in account balance every four months, capped at $4 million.
Your journey with FundedNext can start in just three simple steps: Pick your funding model, remain profitable, and get funded. For easier access while you're on the go, you can download the FundedNext iOS or Android app. For any help you might need along the way, there's a live chat, email, FAQ section, educational blog posts, as well as Discord, Telegram, and Facebook communities.
FundedNext is a brand new international proprietary platform with offices in multiple countries, including the USA, UAE, UK, and Bangladesh. The company provides a variety of assets with very low commissions and spreads. With FundedNext, all of the trader's funded accounts are held by a partner broker company, Eightcap, which is regulated by ASIC and guarantees the safety of your funds. The 4.4 score on TrustPilot works in FundedNext's favor, too.